3-66 the McCarran-Ferguson Act of 1945

question 15

Multiple Choice

3-66 The McCarran-Ferguson Act of 1945

• A)separated commercial banking from insurance activities.
• B)mandated federal insurance company charters.
• C)stipulated that insurance companies are to be regulated at the state level.
• D)initiated a national insurance guaranty fund.
• E)limited insurance company assets to low risk government securities.

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Definitions:

Baths of Diocletian

An expansive bath complex in ancient Rome named after Emperor Diocletian, showcasing Roman engineering and luxury in public bathing facilities.

Classical Sculpture

Art forms from ancient Greece and Rome, celebrated for their emphasis on harmony, proportion, and the human body's idealized forms.

Secular Humanism

Secular Humanism is a philosophy or life stance that emphasizes human values without recourse to religious or metaphysical beliefs.

Girolamo Savonarola

An Italian Dominican friar and preacher active in Renaissance Florence, known for his prophecies of civic glory and calls for Christian renewal.